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      Question

      ISO 20022 was first launched in India

      by:
      A RBI Correct Answer Incorrect Answer
      B SEBI Correct Answer Incorrect Answer
      C NPCI Correct Answer Incorrect Answer
      D SBI Correct Answer Incorrect Answer
      E Ministry of Finance Correct Answer Incorrect Answer

      Solution

      The NPCI (National Payments Corporation of India) was the first to adopt ISO 20022 for cross-border payments (e.g., UPI, RTGS). This global standard enhances payment messaging efficiency.

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